secwatch.observer — SEC 8-K summary
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Issuer:     Latch, Inc. (LTCH)
CIK:        0001826000
Form:       8-K
Filed at:   2022-03-29T23:59:59+00:00
Accession:  0001826000-22-000031
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Latch CFO Garth Mitchell to depart May 10; Barry Schaeffer named interim CFO; Junji Nakamura appointed CAO
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- CFO Garth Mitchell transitioning out; last day May 10, 2022; will serve as advisor through Aug 5, 2022.
- Barry Schaeffer, SVP Finance since Aug 2021, appointed interim CFO effective March 28, 2022.
- Junji Nakamura appointed Chief Accounting Officer; previously SVP Corporate Controller.
- COO Ali Hussain steps down as executive officer but retains title; CEO Luke Schoenfelder takes on principal operating officer duties.
- Company begins search for new CFO; Mitchell receives transition compensation of $452,000 plus accelerated vesting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1826000/000182600022000031/0001826000-22-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1826000/000182600022000031/lat-20220328.htm
  HTML page:      https://secwatch.observer/filing/0001826000-22-000031

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer